Common use of Right to Prepay Clause in Contracts

Right to Prepay. Each Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires to prepay any part of the Loans, such Borrower shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional Currency, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 5 contracts

Samples: Credit Agreement (Foster L B Co), Credit Agreement (Foster L B Co), Credit Agreement (Foster L B Co)

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Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 4 contracts

Samples: Credit Agreement (Advanced Drainage Systems, Inc.), Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Sun Hydraulics Corp)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans or Term Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 3 contracts

Samples: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Sun Hydraulics Corp), Assignment and Assumption Agreement (Koppers Holdings Inc.)

Right to Prepay. Each Borrower The Borrowers shall have the right at its their option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 4.6.2 [Replacement of a Lender] below, below or in Section 5.8 4.8 [Increased Costs] and Section 5.10 4.10 [Indemnity]). Whenever any Borrower desires the Borrowers desire to prepay any part of the Loans, such Borrower the Borrowers shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, Dollars and at least four (4) Business Days prior to the date of prepayment of any Optional Currency Loans denominated in an Optional Currency, or no later than 1:00 p.m. 11:00 a.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 3 contracts

Samples: Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc)

Right to Prepay. Each Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 5.16 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any a Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 2 contracts

Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 5.7 [Increased Costs] and Section 5.10 5.9 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in DollarsDollars or Term Loans, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 2:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 2 contracts

Samples: Credit Agreement (Ii-Vi Inc), Continuing Agreement (Ii-Vi Inc)

Right to Prepay. Each Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any a Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 2 contracts

Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc)

Right to Prepay. Each Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires to prepay any part of the Loans, such Borrower shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans or Term Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional Currency, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 2 contracts

Samples: Credit Agreement (Foster L B Co), Assignment and Assumption Agreement (Foster L B Co)

Right to Prepay. Each Borrower shall have the right at its their option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires to prepay any part of the Loans, such Borrower shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 2 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/)

Right to Prepay. Each Borrower shall have the right at its their option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires to prepay any part of the Loans, such Borrower shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional Currency, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 2 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 4.6.2 [Replacement of a Lender] below, in Section 5.8 4.8 [Increased Costs] and Section 5.10 4.10 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (EPAM Systems, Inc.)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one three (13) Business Day Days, or with respect to any prepayment of Revolving Credit Loans in Alternate Currency four (4) Business Days, prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any or Term Loans denominated in an Optional Currency, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (O'Gara Group, Inc.)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 4.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased 4.8[Increased Costs] and Section 5.10 4.10 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

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Right to Prepay. Each Borrower The Borrowers shall have the right at its their option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below], in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires the Borrowers desire to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 2:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans or Term Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 2:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (CALGON CARBON Corp)

Right to Prepay. Each Borrower The Borrowers shall have the right at its their option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires the Borrowers desire to prepay any part of the Loans, such Borrower the Borrowing Agent shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (Gp Strategies Corp)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 5.8[Increased Costs], Section 5.10 [Indemnity] and Section 11.14 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (Ferroglobe PLC)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 5.7.2 [Replacement of a Lender] below, in Section 5.8 5.9 [Increased Costs] and Section 5.10 5.11 [Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans or Term Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (Koppers Holdings Inc.)

Right to Prepay. Each Borrower The Borrowers shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires the Borrowers desire to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Right to Prepay. Each The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 4.6.2 [Replacement of a Lender] below, below or in Section 5.8 4.8 [Increased Costs] and Section 5.10 [Indemnity4.10[Indemnity]). Whenever any the Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, Dollars and at least four (4) Business Days prior to the date of prepayment of any Optional Currency Loans denominated in an Optional Currency, or no later than 1:00 p.m. 11:00 a.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (MSA Safety Inc)

Right to Prepay. Each Borrower The Borrowers shall have the right at its their option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below], in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever any Borrower desires the Borrowers desire to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 2:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans or Delayed Draw Term Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 2:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (Calgon Carbon Corporation)

Right to Prepay. Each Borrower The Borrowers shall have the right at its their option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Section 5.6.2 4.6.2 [Replacement of a Lender] below], in Section 5.8 4.8 [Increased Costs] and Section 5.10 4.10 [Indemnity]). Whenever any Borrower desires to prepay any part of the Loans, such Borrower it shall provide a prepayment notice to the Administrative Agent by 1:00 2:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars, and at least four (4) Business Days prior to the date of prepayment of any Loans denominated in an Optional CurrencyCurrency Loans, or no later than 1:00 2:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information:

Appears in 1 contract

Samples: Credit Agreement (DSW Inc.)

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